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Politics : Formerly About Advanced Micro Devices
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To: i-node who wrote (228501)4/9/2005 8:55:36 PM
From: Mani1  Read Replies (1) of 1577025
 
Re "Can you, in fact, prove that increased oil companies' profits resulted from these price increases?...I think you'd be hard-pressed to make your case, given that they are generating LESS profit margin per revenue dollar every year."

Margins are down because raw material is up, of course. The fact that they are down just a bit when raw material has more than doubled is amazing. And it shows that most of the cost of raw material is being passed on with a MARK UP, thus the improved bottom line.

If you look at the bottom line you will see oil company's are greatly benefiting. Look at their earnings, stock price etc. Comon David, this is obvious. I am not saying that it means they are doing something necessarily wrong.

Mani
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